Negotiated Rate Advance definition

Negotiated Rate Advance means an Advance which bears interest by reference to a Negotiated Rate.
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Negotiated Rate Advance means an Advance which bears interest at the Negotiated Rate.
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Negotiated Rate Advance means a Base Rate Advance or a Eurodollar Rate Advance under Facility B that, from and after May 1, 2000, is converted into an Advance bearing interest at the Negotiated Rate as provided in Section 2.6(d).
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Examples of Negotiated Rate Advance in a sentence

  • A Negotiated Rate Advance may not be prepaid prior to the last day of the applicable Negotiated Rate Interest Period except for a prepayment funded by a Mandatory Funding.

  • If any prepayment is made in respect of any Eurodollar Advance, Alternate Currency Euro Advance or any Swing Line Negotiated Rate Advance, in whole or in part, prior to the last day of the applicable Interest Period, the Borrower agrees to indemnify the Lenders in accordance with Section 3.5.

  • If any prepayment is made in respect of any Core Currency Advance, Swing Line Negotiated Rate Advance, Individual Currency Loan or Bid Loan, in whole or in part, prior to the last day of the Interest Period applicable thereto, the applicable Borrower agrees to indemnify the Lenders in accordance with Section 3.5.

  • Each LIBOR Advance and Negotiated Rate Advance shall bear interest on the outstanding principal amount thereof from and including the first day of the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the interest rate determined as applicable to such LIBOR Advance or such Negotiated Rate Advance, as applicable.

  • If any prepayment is made in respect of any Core Currency Advance, Swing Line Negotiated Rate Advance or Individual Currency Loan, in whole or in part, prior to the last day of the Interest Period applicable thereto, the applicable Borrower agrees to indemnify the Lenders in accordance with Section 3.5.

  • Each Swing Line Negotiated Rate Advance Negotiated Rate applicable to such Swing Line Negotiated Rate Advance for the applicable Interest Period.

  • To request an Advance (other than a Negotiated Rate Advance), a Borrower shall deliver a Notice of Borrowing to the Lender not later than 11:00 a.m. (Pacific time) (i) one (1) Business Day prior to the date of the requested Advance in the case of a Eurodollar Rate Advance, and (ii) on the date of the requested Advance in the case of a Base Rate Advance.

  • In order to induce the Bank to agree to accept voluntary prepayments, the Borrowers agree to pay to the Bank a prepayment indemnity as described in this Section upon any prepayment, voluntary or involuntary, of any Negotiated Rate Advance made by the Bank.

  • Because there is no readily available index of rates payable on loans such as that from the Bank to the Borrowers, nor any assurance that the Bank could replace a Negotiated Rate Advance with a similar loan, the Borrowers and the Bank agree that changes in the yields on U.S. government securities provide a reasonable approximation for changes in interest rates generally.

  • Swing Line Loans shall mature and be due and payable on the earlier of, with respect to each Swing Line Negotiated Rate Advance and Swing Line Loan maintained as an ABR Advance, (x) the last day of the Interest Period applicable thereto and (y) the Maturity Date.


More Definitions of Negotiated Rate Advance

Negotiated Rate Advance set forth in Section 1.1 of the Agreement is hereby amended to read in its entirety as follows:
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Negotiated Rate Advance. An Advance with which the interest rate is determined by reference to a Negotiated Rate.
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Negotiated Rate Advance. An Advance with respect to which the interest rate is determined by reference to a Negotiated Rate.
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Related to Negotiated Rate Advance

  • Fixed Rate Advance means an Advance which bears interest at a Fixed Rate.

  • LIBOR Rate Advance means an Advance which bears interest at a LIBOR Rate.

  • LIBO Rate Advance means a Pro Rata Advance that bears interest as provided in Section 2.04(a)(ii).

  • Reference Rate Advance means an Advance which bears interest as provided in Section 2.09(a).

  • Base Rate Advance means an Advance that bears interest as provided in Section 2.07(a)(i).

  • Prime Rate Advance means an Advance that bears interest based at the Prime Rate.

  • Eurodollar Rate Advance means an Advance that bears interest as provided in Section 2.07(a)(ii).

  • Floating Rate Advance means an Advance which bears interest at the Floating Rate.

  • Fixed Rate Advances has the meaning specified in Section 2.03(a)(i).

  • LIBOR Advance means an Advance bearing interest at a rate based upon the LIBOR Rate.

  • Eurocurrency Rate Advance means a Revolving Credit Advance or a Term Loan Advance denominated in Dollars or in an Agreed Currency which bears interest as provided in Section 2.07(b) or a Local Currency Advance which bears interest as provided in Section 2.07(b) and the Local Currency Addendum.

  • LIBO Rate Advances has the meaning specified in Section 2.03(a)(i).

  • Eurodollar Advance means an Advance which, except as otherwise provided in Section 2.11, bears interest at the applicable Eurodollar Rate.

  • Committed Advance means an advance made by a Lender to a Borrower as part of a Committed Borrowing and refers to a Base Rate Advance or a Eurodollar Rate Committed Advance, each of which is a “Type” of Committed Advance.

  • Eurocurrency Advance means an Advance which, except as otherwise provided in Section 2.11, bears interest at the applicable Eurocurrency Rate.

  • Fixed Rate Loan means a Competitive Loan bearing interest at a Fixed Rate.

  • LIBOR Borrowing means a Borrowing comprised of LIBOR Loans.

  • Fixed Rate Borrowing means a Borrowing comprised of Fixed Rate Loans.

  • Absolute Rate Loan means a Bid Loan that bears interest at a rate determined with reference to an Absolute Rate.

  • Alternate Base Rate Advance means an Advance which bears interest at the Alternate Base Rate.

  • Eurodollar Rate Borrowing means a Borrowing comprised of Eurodollar Rate Loans.

  • LIBOR Rate Loan means a Loan that bears interest based on LIBOR.

  • Fixed Rate Loans means Euro-Dollar Loans or Money Market Loans (excluding Money Market LIBOR Loans bearing interest at the Base Rate pursuant to Section 8.01(a)) or any combination of the foregoing.

  • Bid Rate Loan means a loan made by a Lender under Section 2.2.

  • Alternate Currency Loan means any Loan denominated in an Alternate Currency.

  • Base Rate Borrowing means a Borrowing comprised of Base Rate Loans.